Credit bureaus are used to
A) evaluate customers before granting them credit
B) obtain borrowed funds
C) build a new business's reputation
D) justify bank borrowing
Correct Answer:
Verified
Q5: Payback method measures
A)the frequency with which a
Q6: Inventory turnover refers to
A)the need to replace
Q7: The break-even point is when
A)sales dollars equal
Q8: Financial ratios are
A)helpful for isolating and analyzing
Q9: When using a service bureau
A)a small business
Q11: Which of the following best describes accounting
Q12: An income statement can show a profit
A)as
Q13: A credit collection policy is likely to
Q14: The accounting cycle consist of
A)recording - classifying
Q15: A ledger is a(n)
A)book that records customer
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